Amid criticism from some sections about Prime Minister Narendra Modi’s travels to foreign countries, External Affairs Minister Sushma Swaraj has said that the last two years have brought around $55 billion FDI into the country.
“As much as $55 billion or Rs 369,000 crore has come through the FDI route in the last two years. It is about a 43 per cent jump over what it was during the UPA rule,” Mrs Swaraj said at her annual press conference in New Delhi on June 19.
“Foreign Direct Investment (FDI) does not come sitting at home,” the minister said while alluding to criticism about Prime Minister Modi’s frequent overseas travels.
“Aaj jab Bharat bolta hai, duniya sunti hai (Today when India speaks, the world listens),” said the minister.
Mr Modi made 40 foreign trips in the last two years, which was dominated by a calibrated outreach to the business community and investors in these countries.
Author Profile
- India Writes Network (www.indiawrites.org) is an emerging think tank and a media-publishing company focused on international affairs & the India Story. Centre for Global India Insights is the research arm of India Writes Network. To subscribe to India and the World, write to editor@indiawrites.org. A venture of TGII Media Private Limited, a leading media, publishing and consultancy company, IWN has carved a niche for balanced and exhaustive reporting and analysis of international affairs. Eminent personalities, politicians, diplomats, authors, strategy gurus and news-makers have contributed to India Writes Network, as also “India and the World,” a magazine focused on global affairs.
Latest entries
DiplomacyApril 23, 2024Resetting West Asia, re-booting the world, but not fast enough: T.S. Tirumurti- India and the WorldApril 22, 2024India’s G20 Legacy: Mainstreaming Africa, Global South in global agenda
- DiplomacyApril 10, 2024Diplomat-author Lakshmi Puri pitches for women power at LSR
- India and the WorldApril 6, 2024UN envoy pitches to take India’s solutions to the world stage
